The financing progress reimbursed the latest 2011 Insured Bonds and reduced an insured mortgage from California Lender and you can Trust

• Financial Coach: Herbert J. Sims & Co
• Bond Guidance: Kutak Rock LLP

covered $5,250,000 away from California Municipal Finance Authority Insured Refunding Cash Securities to possess St. John’s Really Youngster. The fresh reimbursed bonds mature towards the December step 1, 2041 and you can have been priced having a nearly all-In the Correct Attention Price of step 3.76 per cent. New refinance led to a websites expose value discounts out-of $541, otherwise, %.

insured $34,355,000 off California Municipal Loans Power Covered Funds Refunding Ties getting Institute into Ageing (IOA). The credit was applied to refinance established Covered 2008 Bonds, which had been always create a combined-explore reasonable senior apartment building which have an on-site elderly wellness services studio. The brand new 2017 Securities adult from inside the August 2038 and you may listed that have an enthusiastic All-When you look at the True Interest Cost of step 3.ninety-five percent. This new refinance will save you IOA more than $4 million indebted provider repayments, having a websites present well worth discounts regarding eleven.8 %.

The online introduce really worth offers is actually 9

insured $54,045,000 out of Ca Civil Money Power Covered Funds Refunding Securities having Channing House. The financing was used to re-finance current Covered 2010 Securities, which was accustomed make a healthcare Cardio which have twenty seven helped lifestyle bedrooms, a twenty six-bed skilled nursing business, also to include a supplementary 14 separate traditions devices to your domestic tower. Channing Home is now offering 191 separate living tools. The latest 2017 Ties mature may 15, 2040 and you can is priced loans Canaan that have a virtually all-When you look at the Real Attract Price of cuatro.04 percent. 4 percent.

insured $4,700,000 off California Municipal Funds Power Insured Refunding Cash Ties having South California Advancement Organization out of VOA, Inc. The brand new securities adult to your December step one, 2036 and you can were charged which have a just about all-Within the Real Attention Cost of cuatro.09 percent. The refinance resulted in an online present really worth savings off 8.76 %.

• Thread Underwriter: Piper Jaffray
• Monetary Consultative: Wulff, Hansen & Co.
• Thread Guidance: BrianQuint Quint & Thimmig LLP

The credit was used to settle current securities and you can label financing and additionally be accustomed up-date existing place homes developmentally disabled customers

Towards the insured $twenty two,080,000 from California Municipal Money Power Covered Funds Bonds for Heaven Valley Locations. This new 2016 Bonds financed the completion out-of 18 individual thoughts worry bedroom, reimbursed endeavor expenses pertaining to the construction out of a vehicle parking construction, and you can refinanced their Insured 2005 Ties. The fresh reimbursed ties mature for the 2047 together with Most of the-In the Correct Desire Prices try 4.51 per cent. The brand new refinance resulted in an online establish really worth savings from $669,945, or seven.6 per cent.

With the covered $36,055,000 out-of California Municipal Loans Power Insured Elderly Lifestyle Refunding Money Bonds to own Pilgrim Devote Claremont. The fresh 2016 Bonds funded $9 million cash inside resource advancements, along with improve refunding the Covered 2009 Securities. The new securities mature in 2046 therefore the The-When you look at the True Attract Prices try 4.46 %. The latest refinance resulted in a websites present worth savings of $step 1.5 billion, otherwise 6.thirty five %.

covered $4,055,000 regarding Ca Municipal Finance Authority Insured Refunding Revenue Securities to own Slope Country Neighborhood Medical center. The credit was utilized in order to refinance established securities. This new 2016 Bonds mature towards the November 1, 2037 and you can is actually priced with a nearly all-Inside Genuine Attention Price of step three.46 %. The internet establish really worth coupons is actually 8.37 %.

• Thread Underwriter: Piper Jaffray
• Financial Consultative: Gary Hicks
• Bond Guidance: Brian Quint Quint & Thimmig LLP

insured $10,350,000 out-of Ca Statewide Communities Invention Authority Insured Health Organization Revenue Bonds and $2,890,000 from Taxable Insured Money Bonds to have Mountain Tincture Help Category. The new 2016 Securities adult into January step 1, 2041 and is listed having a just about all-In the Real Appeal Price of step three.71 %. The web based establish worth savings try per cent.